the estimation of the difference of value between the commercial exports and imports of a country; the difference itself, as it is in favour of, or…
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| 单词 | θ217517 |
| 释义 | society > trade and finance > importing and exporting > [noun] > balance of trade (9) balance of trade1690 the estimation of the difference of value between the commercial exports and imports of a country; the difference itself, as it is in favour of, or… trade balance1787 = balance of trade n. at balance, n.1 17d. terms of trade1923 terms of trade: the ratio of an index of a country's export prices to an index of its import prices, used to measure its trading prospects. Subcategories:— excess of exports (3) — excess of imports (2) — offset (1) |
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